Co-operative Banks Act, 2007 (Act No. 40 of 2007)

Chapter I : Definitions, Purpose and Application of Act

4. Application of Co-operatives Act
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(1)The Co-operatives Act applies to co-operative banks and co-operative financial institutions unless the application of a provision thereof has specifically been excluded or amended in this Act.

[Section 4(1) substituted by section 290, item 5 in Schedule 4, of Act No. 9 of 2017 - effective 1 April 2018 (paragraph (h) of Notice 169 of 2018)]

 

(2)In the event of an inconsistency between any provision of this Act and any provision of the Co-operatives Act, the provision of this Act prevails.